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tempo participacoes sa (TEMP3) Details

Tempo Participações S.A., through its subsidiaries, healthcare administration services, specialized assistance services, and home care and health solutions in Brazil. The company’s Assistance segment offers a range of assistance services, including automobile services, such as roadside assistance and temporary car replacement; travel assistance services comprising medical assistance, repatriation, and lost luggage assistance; domestic emergency services, including provision of plumbers, electricians, and locksmith; and personal services, such as funeral and accident assistance. Its Health Solutions segment provides back office services that include medical auditing, medical bills processing, call center, and the hospital network management system licensing, as well as claims; offers network rental services to public and private self-managed health plans, group health plans and insurers; and provides managed plans. The company’s Health Insurance segment provides pre-paid health insurance plans to small and mid-sized companies under the Tempo Saúde brand. Its Home Care segment provides home care services for patients who require regular medical monitoring; and home visits for patients who require occasional procedure treatment. Tempo Participações S.A. serves self-insured employers, governmental entities, insurers, and health maintenance organizations. The company was founded in 2000 and is headquartered in Barueri, Brazil.

Tempo Participações S.A. reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenue of BRL 165.2 million against BRL 148.5 million for the same period in the last year. Operating income was BRL 27.4 million against BRL 25.1 million for the same period in the last year. EBITDA was BRL 20.9 million against BRL 20.1 million for the same period in the last year. Net income was BRL 12.2 million against BRL 5.5 million for the same period in the last year. Capex was BRL 9.2 million compared to BRL 2.4 million a year ago.
For the nine months, the company reported net revenue of BRL 501.3 million against BRL 429.4 million for the same period in the last year. Operating income was BRL 65.3 million against BRL 64.7 million for the same period in the last year. EBITDA was BRL 45.8 million against BRL 49.6 million for the same period in the last year. Net income was BRL 25.6 million against BRL 22.2 million for the same period in the last year. Capex was BRL 21.4 million compared to BRL 8.1 million a year ago.

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